JEA, headquartered in Jacksonville, Florida, was established to provide reliable and sustainable electric, water, and sewer services to its community. As the largest municipally owned utility in the area, JEA aims to enhance the quality of life for its customers through innovation and commitment to environmental stewardship.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| JACPWR 5.48% 2040-10-01 USDJEA | United States | 2040-10-01 | 5.482 | 4.95 |
| JACPWR 5.89% 2040-10-01 USDJEA | United States | 2040-10-01 | 5.887 | 5.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
JEA has a notable history of bond issuances, having first entered the bond market in the late 1970s to fund infrastructure improvements. Significant issuances include the 2020 $167 million bond issuance aimed at financing utility projects, reflecting a current yield of approximately 3.25%, competitive within the industry. JEA's bonds often carry various features such as tax-exempt status, making them attractive to investors. Recently, they announced plans for further bond offerings to support their initiatives for renewable energy integration, which has drawn attention in the investment community.